Analysts Set ADT Inc. (NYSE:ADT) Price Target at $8.08

Shares of ADT Inc. (NYSE:ADT) have been given an average rating of “Hold” by the six research firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $8.08.

ADT has been the topic of several recent research reports. Citigroup dropped their price target on ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a research report on Monday, February 16th. Barclays restated an “underweight” rating and issued a $7.00 price target on shares of ADT in a research report on Friday, March 6th. The Goldman Sachs Group restated a “buy” rating and issued a $10.40 price target on shares of ADT in a research report on Monday, March 2nd. Finally, UBS Group set a $7.50 price objective on shares of ADT in a research report on Friday, May 1st.

Insider Transactions at ADT

In other news, EVP Fawad Ahmad acquired 7,500 shares of ADT stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased at an average price of $6.75 per share, for a total transaction of $50,625.00. Following the completion of the transaction, the executive vice president directly owned 302,334 shares in the company, valued at approximately $2,040,754.50. This trade represents a 2.54% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP David A. Scott acquired 7,300 shares of ADT stock in a transaction that occurred on Thursday, March 5th. The stock was purchased at an average price of $6.72 per share, with a total value of $49,056.00. Following the transaction, the executive vice president owned 7,300 shares of the company’s stock, valued at $49,056. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 62,155 shares of company stock valued at $425,228 over the last 90 days. Insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On ADT

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in ADT by 42.7% in the third quarter. Vanguard Group Inc. now owns 64,858,510 shares of the security and automation business’s stock valued at $564,918,000 after purchasing an additional 19,413,112 shares during the period. AQR Capital Management LLC lifted its position in ADT by 24.3% in the fourth quarter. AQR Capital Management LLC now owns 44,938,803 shares of the security and automation business’s stock valued at $361,308,000 after purchasing an additional 8,778,704 shares during the period. Dimensional Fund Advisors LP lifted its position in ADT by 9.7% in the first quarter. Dimensional Fund Advisors LP now owns 39,887,288 shares of the security and automation business’s stock valued at $262,054,000 after purchasing an additional 3,529,422 shares during the period. LSV Asset Management increased its holdings in ADT by 8.5% in the fourth quarter. LSV Asset Management now owns 27,837,737 shares of the security and automation business’s stock valued at $224,651,000 after buying an additional 2,191,531 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of ADT during the 4th quarter valued at approximately $192,996,000. Institutional investors and hedge funds own 87.22% of the company’s stock.

ADT Stock Performance

Shares of ADT stock opened at $6.98 on Friday. The stock has a market capitalization of $5.52 billion, a PE ratio of 9.96 and a beta of 1.06. ADT has a 52-week low of $6.25 and a 52-week high of $8.94. The stock’s 50-day moving average price is $6.84 and its 200 day moving average price is $7.57. The company has a quick ratio of 0.67, a current ratio of 0.84 and a debt-to-equity ratio of 1.94.

ADT (NYSE:ADT) last issued its quarterly earnings results on Thursday, April 30th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.02. The firm had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $1.27 billion. ADT had a return on equity of 19.23% and a net margin of 12.12%.The firm’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.21 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, equities research analysts forecast that ADT will post 0.87 EPS for the current year.

ADT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Thursday, June 11th will be given a $0.055 dividend. The ex-dividend date is Thursday, June 11th. This represents a $0.22 dividend on an annualized basis and a yield of 3.2%. ADT’s dividend payout ratio (DPR) is presently 31.43%.

About ADT

ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.

Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.